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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $12,181 | $69,274-82.4% | $64,097-81.0% | $139,487-91.3% |
| Participation rate | 31.6% | 75.6%-44.0pp | 72.3%-40.7pp | 80.3%-48.8pp |
| Annual return | 27.89% | 46.00%-18.1pp | 33.75%-5.9pp | 373.84%-346.0pp |
| Employer contribution / active EE | $0 | $3,187-100.0% | $2,750-100.0% | $4,755-100.0% |
| Participant deferral / active EE | $769 | $4,685-83.6% | $3,881-80.2% | $6,713-88.5% |
| Admin fee / account holder | $108 | $4,247-97.5% | $3,070-96.5% | $11,407-99.1% |